Compliance certificate under Regulation under Regulation 74(5) of SEBI (Depositories and participants) Regulations, 2018 for the quarter ended March 31, 2025.
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Paragon Finance Limited has submitted a routine compliance certificate to BSE as required under SEBI's Depositories and Participants Regulations, 2018. The certificate, issued by the company's Registrar and Transfer Agent Niche Technologies Pvt. Ltd., confirms that all share dematerialisation requests received from depository participants during the January–March 2025 quarter were duly verified. It also confirms that physical certificates received for demat were mutilated and cancelled, and the depository's name was substituted as the registered owner in the company's register of members. The filing is signed by Sanjay Kumar Gupta, Director & Company Secretary, and dated April 10, 2025.
This is a standard procedural filing with no material impact on shareholders or the stock price. It simply evidences that the company's share transfer and demat processes are functioning in compliance with SEBI norms.